NOT MAKING HEADLINES: Current Trump Unemployment Rate Less Than Obama’s Average Rate His Entire First Term

The Trump recovery is the greatest recovery on record.

Job numbers released yesterday through the end of August were massive. There was an increase of more than a million jobs! And the unemployment rate dropped to 8.4%, almost 2 points lower than July’s 10.2%!

This page is a permanent link to the reply below and its nested replies. See all post replies »

ViciDraco · 41-45, M

Republicans tank economy. Hand it over to Democrats. Democrats take blame. Democrats stabilize economy. Hand it to Republicans. Republicans tank economy again.

It's a pretty vicious cycle. I haven't seen a Trump recovery. The pandemic bounce wasn't a tanking and recovery. Trump's big drop is still on the way.

Zonuss · 46-50, M

@ViciDraco Perhaps. But a lot of jobs have closed down for good since March 2020. Half only temporary. These numbers are phony as usual. But this pandemic is nothing like the 2008 financial crisis. It's not even close. 🙂

DudeistPriest · M

@ViciDraco

"The US unemployment rate fell to 8.4 percent in August of 2020 from 10.2 percent in the previous month, below market expectations of 9.8 percent, and marking the 4th straight decline after April's all-time high of 14.7 percent." (https://tradingeconomics.com/united-states/unemployment-rate, https://www.bls.gov/news.release/pdf/empsit.pdf)

At that declining rate, we should be at 3.5% again sometime in November. Just in time for re-election!